It’s all part of the Republican Party’s war on the middle class, and the social safety net that Americans fought for throughout the course of the last century. A tax cut of this magnitude on the superwealthy would starve the federal government of revenue, resulting either in a fiscal crisis or massive cuts to programs like Medicaid, Medicare, food stamps, and other things on which people depend when they are elderly or in the midst of a personal financial crisis.

It’s part of an ideology that treats any public expenditure as redistributionary socialism and represents a real danger that the country slips back to conditions extant during the times of the robber barons.